by Ryan Mahoney | Jul 25, 2023 | Future Tech, Proptech, Real Estate, Technology
The term proptech – property technology – is an umbrella term referring to a range of technological tools for the real estate market. Many industries have continued to embrace the development of technology, and the real estate market is no exception; the use of...
by Ryan Mahoney | Jul 24, 2023 | Property, Real Estate, UAE
Dubai’s rise in popularity can be attributed to its futuristic architectural ingenuity, historical highlights, lively nightlife and remarkable tourist attractions. Understandably, these characteristics have become a driving force in the rising popularity of its...
by Ryan Mahoney | Apr 5, 2023 | Property, Real Estate, UAE
The property market in Abu Dhabi showed strong growth in the third quarter of 2022, reaching a total of $5.7 billion (Dh21.04 billion) across 4,441 property transactions. This was comprised of nearly 2,500 mortgage transactions at Dh15.64 billion and close to 2,000...
by Ryan Mahoney | Mar 29, 2023 | Dubai, Property, Real Estate, UAE
The Dubai real estate market experienced a boom throughout 2022. A large part of this was due to overseas investors, particularly from Europe and Russia, purchasing property as an investment. The UAE is seen as a safe haven for investors, and developers believe this...
by Ryan Mahoney | Mar 22, 2023 | Dubai, Luxury Housing, Real Estate, UAE
The luxury housing market in Dubai is booming, fueled by rich expats and foreigners looking to purchase second homes. The liberal visa policies of the emirate, coupled with the way the pandemic was handled by the government, have resulted in an influx of foreign...
by Ryan Mahoney | Mar 8, 2023 | Dubai, Property, Real Estate, UAE
The rental property market in Dubai experienced a period of rapid growth in Q3 2022, with average rental rates increasing by as much as 5% over the quarter. Annually, rental prices for villas rose by 22% and average rents for apartments rose by 15%. These rental rates...
